Worlds Business

Archive for the ‘Sales’ Category

The number of houses placed under contract fell sharply in November in the first drop in nearly a year, new figures show.

author By DAVID STREITFELD, source www.nytimes.com

Retailing chains on Thursday confirmed that they had a better Christmas in 2009 than the previous year, which was the worst holiday season in decades.

author By STEPHANIE ROSENBLOOM, source www.nytimes.com

Circuit City Stores said that its loss widened in the first quarter as sales at established stores dropped more than 11 percent.

author By THE ASSOCIATED PRESS, source www.nytimes.com

Retail sales last month rose 1 percent, more than expected, after Americans received tax rebates.

author By MICHAEL M. GRYNBAUM, source www.nytimes.com

McDonald’s said on Monday that global sales in May were up a stronger-than-expected 7.7 percent at established restaurants, and its shares rose more than 4 percent.

author By REUTERS, source www.nytimes.com

Pending sales unexpectedly increased in April to the highest reading since October, but they remain more than 13 percent below a year ago, an industry group said.

author By THE ASSOCIATED PRESS, source www.nytimes.com

The three Detroit automakers were outsold for the first time ever by their Asian rivals in May, and a sedan was the top-selling vehicle in the United States for the first time in 16 years.

author By NICK BUNKLEY, source www.nytimes.com

The luxury home builder posted a narrower-than-expected loss of $93.7 million in the second quarter, hurt by weakened demand amid the nation’s housing slump.

author By ABHA BHATTARAI, source www.nytimes.com

In California, where the sale of medical marijuana is legal, a full-fledged industry has blossomed, taking in about $2 billion a year and generating $100 million in state sales taxes.

author By DAN MITCHELL, source www.nytimes.com

A sample letter that buyers who fear overpaying might send to homeowners and a reply that confident sellers could fire back.

author By RON LIEBER, source www.nytimes.com

In tough economic times, the number of small businesses for sale goes up, but so does buyer interest. Still, sales take place at lower prices.

author By ELIZABETH OLSON, source www.nytimes.com

Squeezed by the credit crunch and the softening economy, the American auto industry faces what may be its worst year in more than a decade.

author By ERIC DASH, source www.nytimes.com

The medical device maker Medtronic posted higher-than-expected quarterly earnings Tuesday as a recent acquisition increased sales in its spinal products division.

author BYREUTERS, source www.nytimes.com

Strong sales of delivered office products to corporate customers at home and overseas helped Staples post a 1.5 percent increase in its first-quarter profit.

author By THE ASSOCIATED PRESS, source www.nytimes.com

After a brand is discontinued, what’s left is a name and the memories in consumers’ minds. To make money, maybe those memories — real or imagined — are all you need.

author By ROB WALKER, source www.nytimes.com

Whole Foods Market posted a lower quarterly profit, missing analysts’ estimates by a penny, as it booked charges related to its acquisition of Wild Oats Markets.

author BYREUTERS, source www.nytimes.com

Despite the strong results, Liz projected weakness in the second quarter because of a calendar shift, disappointing sales trends in its Mexx Europe business and discounting by American retailers.

author BYREUTERS, source www.nytimes.com

United States retail sales weakened modestly in April, but outside the auto sector they were more resilient than many economists had forecast.

author By REUTERS, source www.nytimes.com

Wal-Mart Stores and the TJX Companies said that sales and profit surged during the first three months of the year as consumers flocked to their discounted merchandise.

author By MICHAEL BARBARO, source www.nytimes.com

Many people who bought houses last year have actually seen the value of their investment decline.

author By PHYLLIS KORKKI, source www.nytimes.com